Welcome to our 28027 real estate data hub, tailored for investors in Concord, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 28027 in Concord, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CABARRUS COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Concord, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Concord property market.
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Location Overview
- Zip Code: 28027
- City: Concord
- State: NC
- Metro Area: Charlotte-Concord-Gastonia, NC-SC
- County Name: CABARRUS COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $390,796
- Average Home Price (Single Family Homes): $396,121
- Average Monthly Rental Price (All Types): $1,753
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 2.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,230
- Average 3 Bedroom Section 8 Rental Rates: $1,560
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 26.48
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 20.88
- Number of Units Offered in Section 8 in the County: 419
- Number of Occupied Units in Section 8 in the County: 405
- Percentage of Section 8 Units Occupied in the County: 96.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 225.43
- Total % Appreciation since 2000 (Government Data): 132.88
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.85%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.28%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.26%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.78%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 137.28%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.19%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 130.16%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.29%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 6.35%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 30.41%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.23%